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Which of the following has primary responsibility for financing economic developement on behalf of the international community?a. The International Monetary Fundb. The world trade organizationc. The World Bankd. The international Fund Organization

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Answer:

c. The World Bank

Step-by-step explanation:

The World Bank has the primary responsibility of ensuring economic development of its member countries on behalf of the international community.

It is made up of five institutions:

The International Bank for Reconstruction and Development

The International Development Association

The International Finance Corporation

The Multilateral Investment Guarantee Agency

The International Centre for Settlement of Investment Disputes

These institutions support economic development by providing interest free loans to poor countries, promotion of foreign direct investment in developing countries, and lending to credit worthy low income countries.